Rupert Murdoch and the Wall Street Journal

Will the Wall Street Journal fall into the hands of a "power-mad, rapacious right-wing vulgarian?" That's how The Atlantic magazine says many people view Rupert Murdoch, whose bid for Dow Jones, including the Wall Street Journal, was a shot heard around the worlds of American business, international finance and journalism. After what Murdoch's done with Fox News, the New York Post and other properties, at least some conservatives are rubbing their hands. The Journal's own reporters are among those pleading with other billionaires to make a competing offer. What does Murdoch want? What would his takeover mean for coverage of corporate America and stories like the rising power of China?

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